Alta Ares

Investor: Air Street Capital

Alta Ares, a French defense‑technology startup specializing in AI‑driven counter‑drone and counter‑cruise missile systems, has closed a €50 million Series A funding round.Summary of transaction details:Value: €50 millionSector: DeepTech & AIAdvisor: N/AKey Entities: Alta Ares, Air Street Capital, Cherry Ventures, OTB Ventures, HarpoonLocation: Toulouse, FranceNote: The capital injection supports rapid scaling of production facilities and geographic expansion to meet heightened demand driven by ongoing conflicts in Ukraine and the Middle East.